Friday, May 8, 2009

Burnet County - Sales are Slower but values are fairly steady according to County Appraiser

While the housing market in the area has slowed, prices generally have remained steady according to Stan Hemphill, chief appraiser for the Burnet County Central Appraisal District, who said approximately 13,000 appraisal notices went out to property owners last week. About a quarter of all property owners in the county had valuation changes to their properties.

Area sales, however, seem to be off by about 30 percent from last year’s appraisals.

New construction levels have remained about the same as last year.

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